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. >> tomorrow is speaker boehner's birthday. we are not going to embarrass him with a cake because we did know how many candles were needed. >> right. [laughter] >> we do want to wish him a happy birthday. thank you. >> after the meeting, leaders encouraged that they will agreement. democrats and republicans called productive. >> we are hearing from the of the little girl whose production prompted amber alert overnight. the jobless around this morning her parents fled their homes in southern virginia. -- the child was found this after her parents fled virginia. in southern >> early this morning, a ups spotted the vehicle used in the abduction. driver called 911 and .ollowed the car inside the car was the little girl's father. the girl was down a short time later in maryland. >> i am ok. >> there she is, safe and sound family in prince george's county. had no idea police say s -- the child had no idea police say her parents took members inher family staying where she was night. the parents left last after the court told them o th
. >> tomorrow is speaker boehner's birthday. we are not going to embarrass him with a cake because we did know how many candles were needed. >> right. [laughter] >> we do want to wish him a happy birthday. thank you. >> after the meeting, leaders encouraged that they will agreement. democrats and republicans called productive. >> we are hearing from the of the little girl whose production prompted amber alert overnight. the jobless around this morning her parents...
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Nov 15, 2012
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speaker boehner has called raising tax rates on anybody unacceptable. but he hasn't ruled out limiting deductions and closing loopholes. and that could be the outline of a possible deal. >> look at what the president had to say. look closer at what i had to say. there's no barriers here to sitting down and beginning to work through this process. >> reporter: but they don't come to a resolution, beginning january 1st, the economy could be thrown back into recession. and households making $70,000 a year, could see their taxes increase over $4,000. the president said he is open to new ideas. and if republicans have a way to raise taxing on the wealthy without raising rates, he wouldn't slam the door on them. george? >> the dancing begins. jon, thanks very much. >>> let's get to josh and the mounting violence in the middle east. >> as we all slept, we're going to begin there. serious escalation overnight. israel and the palestinians moving closer to all-out war. dozens of rockets, as you see here, bombarding southern israel this morning, as gun boats pounde
speaker boehner has called raising tax rates on anybody unacceptable. but he hasn't ruled out limiting deductions and closing loopholes. and that could be the outline of a possible deal. >> look at what the president had to say. look closer at what i had to say. there's no barriers here to sitting down and beginning to work through this process. >> reporter: but they don't come to a resolution, beginning january 1st, the economy could be thrown back into recession. and households...
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Nov 15, 2012
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house speaker john boehner says republicans want to cooperate but not by raising taxes. >> here we go again. president obama addressed the crisis rather and other challenges he faces in his first post-victory news conference. abc's karen travers is joining us from washington with more. hi, karen. >> reporter: good morning, rob. good morning, paula. white house officials say they were expecting the president to get tough questions and yesterday he got them on a wide range of issues. in his first press conference in eight months, president obama said the american people knew what they were getting when they re-elected him. and his takeaway from last week's results -- >> i've got a mandate to help middle-class families. >> reporter: the fiscal cliff and mandatory spending cuts and tax increases is looming at the end of the year. >> i want a big deal. i want a comprehensive deal. >> reporter: the president reiterated that he's not backing down from the campaign pledge. to raise taxes on the wealthiest americans. >> a modest tax increase on the wealthy is not going to break their backs. th
house speaker john boehner says republicans want to cooperate but not by raising taxes. >> here we go again. president obama addressed the crisis rather and other challenges he faces in his first post-victory news conference. abc's karen travers is joining us from washington with more. hi, karen. >> reporter: good morning, rob. good morning, paula. white house officials say they were expecting the president to get tough questions and yesterday he got them on a wide range of issues....
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Nov 16, 2012
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the talks begin today with president obama only the first face-to-face talks with joan boehner. he is hosting minority leader nancy pelosi. harry reid and minority lead mitch mcconnell. he leaves for asia tomorrow and members of congress will be taking a break on the monday after thanksgiving. it will be a key day to watch. meantime, speaking of the budget government's mortgage insurance agency, they say defaults on loan during the housing bubble has resulted in more than $16 billion annual deficit. lease see how stocks are going on. pretty quiet until we get some indication what is going on in washington. we're lower across the board but just barely. bloomberg down half percent. >> what do you do with thanksgiving leftovers. they say $282 million worth of turkey will end up in the trash. wasting the food but also $105 billion of water and greenhouse gas emissions that go into getting that turkey to your table. an estimated $165 billion worth of uneaten food every year. i'm jane king. >> eric: thank you very much. >> kristen: what happened to those turkey sandwiches. >>> that is
the talks begin today with president obama only the first face-to-face talks with joan boehner. he is hosting minority leader nancy pelosi. harry reid and minority lead mitch mcconnell. he leaves for asia tomorrow and members of congress will be taking a break on the monday after thanksgiving. it will be a key day to watch. meantime, speaking of the budget government's mortgage insurance agency, they say defaults on loan during the housing bubble has resulted in more than $16 billion annual...
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Nov 12, 2012
11/12
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john boehner has already talked about working with the president on this. let me say this, the vitriol of the last two years or maybe the last four years on both sides to have fence, democrats and republicans, need, that needs to stop. we need to move forward together as a united america and put the vitriol away, put the campaign mode away. i think all americans want that. i know some republicans want that and some democrats want that. let's find that common ground and move forward. shannon: this event that the president had last friday at the white house to a lot of people looked a lot like a campaign event. they was surrounded by people who were described as middle class americans who had voted for him and stakeholders who want to see his particular plans forwarded. there were no questions from the press. it looked a lot like a campaign event. brad, this is part of what the president had so say. he said on tuesday voters said loud and clear on tuesday they won't tolerate politicians who use compromise as a dirty word. cooperation, consensus. is the presid
john boehner has already talked about working with the president on this. let me say this, the vitriol of the last two years or maybe the last four years on both sides to have fence, democrats and republicans, need, that needs to stop. we need to move forward together as a united america and put the vitriol away, put the campaign mode away. i think all americans want that. i know some republicans want that and some democrats want that. let's find that common ground and move forward. shannon:...
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Nov 14, 2012
11/12
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and that is double the amount that john boehner reportedly offered him when they were trying to avoid the fiscal cliff last summer. one wonders whether, given that he just re-won the white house -- the president thinks he's in a better position to convince john boehner? reporter: well, it will be interesting to see. there has been talk that he might start on the campaign trail again. he might hold rallies after thanksgiving. saying that we need to war money from the people that make a higher income. this is back in august of 2011, part of the debt deal negotiations. that is what blew up those talks. the idea of 1.6 billion -- things will change. but as of right now, that would be an absolute nonstarter among senators on capitol hill. megyn: these republicans, many of them were reelected. i am going to venture to say that they have a mandate from their constituents to keep doing what they have been doing. particularly in not raising taxes, which is such a thorny issue over the past few years. notwithstanding the fact that when you survey the majority of americans, they want to see taxe
and that is double the amount that john boehner reportedly offered him when they were trying to avoid the fiscal cliff last summer. one wonders whether, given that he just re-won the white house -- the president thinks he's in a better position to convince john boehner? reporter: well, it will be interesting to see. there has been talk that he might start on the campaign trail again. he might hold rallies after thanksgiving. saying that we need to war money from the people that make a higher...
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Nov 15, 2012
11/12
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john boehner was asked an said he's willing to give a little on loopholes. but not a single question. he says he takes a balanced approach and that's what the people in the room think. he's balanced. same thing on benghazi. we have all these questions on benghazi and they are not answering. you have to go to denver to get a local radio host? megyn: there were two questions about benghazi. one was from ed henry. but they only had eight questions. i knew that sitting in this anchor chair. they my that. they are the white house press corps. you are telling me these are all issues that matter to some americans. climate change, immigration and so on. but when you only have eight questions and there isn't a question about how we are going to gets the debt under control or what we are going to do about the 23 million americans. >> i agree about whether he was going to meet with mitt romney was a waste of a question. megyn: if you had 20, go for it. >> i think we all agree on all sides that that was definitely a waste of a question. i want to push back on this softb
john boehner was asked an said he's willing to give a little on loopholes. but not a single question. he says he takes a balanced approach and that's what the people in the room think. he's balanced. same thing on benghazi. we have all these questions on benghazi and they are not answering. you have to go to denver to get a local radio host? megyn: there were two questions about benghazi. one was from ed henry. but they only had eight questions. i knew that sitting in this anchor chair. they my...
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Nov 16, 2012
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it ended with what looked like a big handshake between the president and john boehner. james rosen has the report live from the white house. hey, james. >> reporter: house minority leader nancy pelosi says congress wants to show a message of confidence to the markets and she said they should aim to strike a deal on the fiscal cliff by christmas. the special lasted just over an hour. president obama said nothing explicit about reining in entitlement spending. instead the chief executive spoke about approaching the deficit in a balanced way and talked about long-term impediments to growth. >> i think we are all aware that we have some urgent business to do. we have got to make sure that taxes don't go up on middle class families and our economy remains strong that we are creating jobs and that's an agenda democrats and republicans and independents, people all across the country share. >> reporter: republican leaders gave no indication they are willing to entertain the idea that the president wants them to, namely the raising of tax rates on some particular categories of i
it ended with what looked like a big handshake between the president and john boehner. james rosen has the report live from the white house. hey, james. >> reporter: house minority leader nancy pelosi says congress wants to show a message of confidence to the markets and she said they should aim to strike a deal on the fiscal cliff by christmas. the special lasted just over an hour. president obama said nothing explicit about reining in entitlement spending. instead the chief executive...
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Nov 15, 2012
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. >> reporter: but house speaker john boehner made it clear, wealthiest americans should not see their taxes go up. >> i have outlined a framework how both parties can work together to avert the fiscal cliff without raising tax rates. >> reporter: for the first time, the president weighed in on the scandal that led to general petraeus' resignation as cia director. >> i have no evidence at this point, from what i've seen, that classified information was disclosed that, in any way, would have had a negative impact on our national security. >> reporter: the president also blasted top republicans for their criticism of u.n. ambassador susan rice over the administration's initial reason for the attack on the u.s. consulate in benghazi. he said they should, instead, take aim at him. rob and paula, back to you. >> definitely a heated moment for the president there. preeti arla, live in washington. thanks, preeti. >>> and david petraeus will be on capitol hill tomorrow to testify about the september 11th attacks on the u.s. consulate in benghazi, libya. petraeus was still head of the cia when
. >> reporter: but house speaker john boehner made it clear, wealthiest americans should not see their taxes go up. >> i have outlined a framework how both parties can work together to avert the fiscal cliff without raising tax rates. >> reporter: for the first time, the president weighed in on the scandal that led to general petraeus' resignation as cia director. >> i have no evidence at this point, from what i've seen, that classified information was disclosed that, in...
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Nov 17, 2012
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if obama, president obama and boehner cannot come up with a plan the past two years, you have senators, a gang of six actually working on a plan b. so if boehner and obama can't come up with something that can go through the house you have a bipartisan group of senators working together, even bob corker from tennessee is working on a bill that will help simplify the code. if plan a doesn't work, plan b will work because at the end. day the american people have spoken, they kept the senate the same, the house virtually the same and the same president, so they're giving them a second chance to actually have our system work. and if working a bipartisan way, it will work. >> jamie: doug, the president, having not submitted a budget that passed in the first four years, at this point are there numbers out there that anybody has seen that proves that the tax increases and the spending cuts will avert a fiscal cliff? >> well, i think the immediate challenge is to avoid what's been called sequestration which is the process in place when they did the debt ceiling deal over a year ago. so, i thin
if obama, president obama and boehner cannot come up with a plan the past two years, you have senators, a gang of six actually working on a plan b. so if boehner and obama can't come up with something that can go through the house you have a bipartisan group of senators working together, even bob corker from tennessee is working on a bill that will help simplify the code. if plan a doesn't work, plan b will work because at the end. day the american people have spoken, they kept the senate the...
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Nov 17, 2012
11/12
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there is concern in the far right flank that speaker john boehner will raise tax rates for the top 2 percent. they want to preserve tax cuts for every tax bracket. no one is sure that the speaker is doing that. they are not discussing giving in on the top 2 percent but i don't think that is a promise they will keep. we'll have to wait and see. i know that they wanted entitlement reform on the table if not right now, a promise that we'll get to it in the new year and overall tax reform. those are the demands from the republican side. >> heather: what about spending cuts in terms of democrats? >> there is another hard issue. democrats are going to try to hold as much on spending cuts, but they know that the cuts have to be part of the deal. you can't get republicans along were anything unless there is something on that side. how far are democrats willing to go? on spending cuts and overhauling entitlement reform which is the main driver of the nation's debt. you may see a deal where there is tax increase if democrats are willing to go much further on entitlement reform and spending cut
there is concern in the far right flank that speaker john boehner will raise tax rates for the top 2 percent. they want to preserve tax cuts for every tax bracket. no one is sure that the speaker is doing that. they are not discussing giving in on the top 2 percent but i don't think that is a promise they will keep. we'll have to wait and see. i know that they wanted entitlement reform on the table if not right now, a promise that we'll get to it in the new year and overall tax reform. those...
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Nov 12, 2012
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gregg: so, steve is john boehner right or crystal right. >> john boehner gets an a in economics. he's precisely right. a large percentage of the income that barack obama wants to tax at the higher rate is small business income. the other part of it that the speaker didn't mention is the other big component of that income is investment income the money that the people put into the small businesses to create them in the first place. doug knows this very well that one of the big problems we have in the economy right now is businesses aren't inch investigating, they are not expand -lg your operations. can you think of a worst time to raise the tax rate on investment when investment went negative in the last quarter? if businesses are not investing they can't hire more workers and i agree with doug it could cause a ou double-dip recession. gregg: if you force higher income americans to pay more in taxes not through increasing their tax rates but rather closing the loopholes, deductions, credits and so on and so forth, that is still a net increase on that important sector. so how is th
gregg: so, steve is john boehner right or crystal right. >> john boehner gets an a in economics. he's precisely right. a large percentage of the income that barack obama wants to tax at the higher rate is small business income. the other part of it that the speaker didn't mention is the other big component of that income is investment income the money that the people put into the small businesses to create them in the first place. doug knows this very well that one of the big problems we...
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Nov 13, 2012
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martha: major challenges ahead for congress over the next seven weeks, what house speaker john boehner faces as he tries to unify a deeply divided republican party, and all over congress they are deeply divided. he's trying to find compromise with the president before the country's finances go over the fiscal cliff. my credit card rewards are easy to remember. with the bankamericard cash wards credit card, i earn 1% cash back everywhere, every time. [ both ] 2% back on groceries. [ all ] 3% on gas! no hoops to jump through. i earn more cash back on the things i buy most. [ woman in pet store ] it's as easy as... [ all ] one! -two. -[ all ] three! [ male announcer ] the bankamericard cash rewards credit card. apply online or at a bank of america near you. now is a good time to think about your options. are you looking for a plan that really meets your needs and your budget? as you probably know, medicare only covers about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like
martha: major challenges ahead for congress over the next seven weeks, what house speaker john boehner faces as he tries to unify a deeply divided republican party, and all over congress they are deeply divided. he's trying to find compromise with the president before the country's finances go over the fiscal cliff. my credit card rewards are easy to remember. with the bankamericard cash wards credit card, i earn 1% cash back everywhere, every time. [ both ] 2% back on groceries. [ all ] 3% on...
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Nov 14, 2012
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does john boehner have the votes to match that? >> the white house figures he will portray himself as the chapel yofnt middle class and the republicans are going out for the rift and he feels he can largely beat hem into submission. when they sit down to the bargaining table they might make some changes but he will want to come out of these negotiations as having largely won them and leaving scraps for the republicans. what the republicans have to hit back with is the way you increase revenues is by having rising incomes. you don't get that by higher taxes on a weakening economy. bill: the president plans to open the talks using his most recent budget proposal. wasn't that the budget that got zero votes in the senate? >> he's going to exploit it for all it's worth. you could come to an agreement using bowles and simpson and reducing rates so everyone declares victory. you have got more revenue but the rates don't go up. but i don't think the president is interested in that. if you had normal people doing this. this president web ma
does john boehner have the votes to match that? >> the white house figures he will portray himself as the chapel yofnt middle class and the republicans are going out for the rift and he feels he can largely beat hem into submission. when they sit down to the bargaining table they might make some changes but he will want to come out of these negotiations as having largely won them and leaving scraps for the republicans. what the republicans have to hit back with is the way you increase...
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Nov 15, 2012
11/12
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house speaker john boehner says he believes they can reach a deal. >> i don't think anyone, on either side of the aisle under estimates the difficulty that faces us. but i do think the spirit of cooperation that you've seen over the last week from myself and my team, from democrats across the aisle, from the president, have created an atmosphere where i think that, i'm, i remain optimistic. i was born with a glass half-full. >> what i have told leaders privately as well as publicly, is that we can not afford to extend the bush tax cuts for the wealthy. what we can do is make sure that middle class taxes don't go up. 98% of americans are not going to see their taxes go up. 97% of small businesses are not going to see their taxes go up. if we get that in place, we are actually removing half of the fiscal cliff. martha: doug schoen, former pollster to president bill clinton. monica crowley, radio talk show host. both are fox news contributors and what i'm hearing through both of those quotes we're pretty much where we were the last time that the president and john boehner got together. t
house speaker john boehner says he believes they can reach a deal. >> i don't think anyone, on either side of the aisle under estimates the difficulty that faces us. but i do think the spirit of cooperation that you've seen over the last week from myself and my team, from democrats across the aisle, from the president, have created an atmosphere where i think that, i'm, i remain optimistic. i was born with a glass half-full. >> what i have told leaders privately as well as publicly,...
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Nov 16, 2012
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john boehner is pulled by two groups. one he does not want to be obstructionist not to allow tax cuts for lower group to go through and doesn't want tax cuts to go through. he is pulled on that side and by his own party. what i hope is that the vast majority of the republicans hold true and if some of the republicans peel off, i would, that would be fine. if they pushed through obama's bill, but i do not want to see them punished. but the republicans need to have this position for 2014 and the rest of 2013 when the economy goes in the garbage dump. republicans are right. bill: two more quick questions on this. >> sure. bill: when these congressional leaders speak, what sort of code words should we be listening for today? >> well i don't know what they would say to each other but on the outside, using the word rates left revenues and that type of stuff are code words especially coming from the president. if he talks about raising revenues and does not insist on it being rates there is a good compromise possible. if he forc
john boehner is pulled by two groups. one he does not want to be obstructionist not to allow tax cuts for lower group to go through and doesn't want tax cuts to go through. he is pulled on that side and by his own party. what i hope is that the vast majority of the republicans hold true and if some of the republicans peel off, i would, that would be fine. if they pushed through obama's bill, but i do not want to see them punished. but the republicans need to have this position for 2014 and the...
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Nov 20, 2012
11/12
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what john boehner did was very, very shrewd. he said to the government, you have been silent on this. we are waiting for your recommendations. you want to make spending cuts? you are open to revenue abduction eliminations, you tell us, mr. president, what you would like. bill: boehner says they were close to doing it last time and the president lost his nerve. but both men are facing the possibility of crossing the threshold of history if they lock arms. >> there is so much uncertainty for businesses and individuals. the "wall street journal" had a report out yesterday saying there is so much uncertainty we could slip into another recession over this fiscal cliff. let's hope they can do their jobs for once. bill: you go find beckel, will you? >> it's not my turn to baby sit. we'll find him by 5:00. bill: it takes four you to baby sit him. to our viewers, have you got a question in e-mail us or on twitter @bill hemmer. this is coming up. we have dozens of house republicans formally opposing susan rice's nomination as secretary of
what john boehner did was very, very shrewd. he said to the government, you have been silent on this. we are waiting for your recommendations. you want to make spending cuts? you are open to revenue abduction eliminations, you tell us, mr. president, what you would like. bill: boehner says they were close to doing it last time and the president lost his nerve. but both men are facing the possibility of crossing the threshold of history if they lock arms. >> there is so much uncertainty...
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Nov 12, 2012
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the question is, this is -- i think a lot of it is on john boehner and mitch mcconnell. can they say to the base of the party, we need to make this deal. it is good for us politically. it is good for the country policy wise, and we need to move on, or do the grovers of the world win out? >> david, thank you very much. chris cillizza. coming up, more fallout from the david petraeus situation. we'll talking to david ignatius. hey sis, it's so great to see you. you, too! oh, cloudy glasses. you didn't have to come over! actually, honey, i think i did... oh? you did? whoa, ladies, easy. hi. cascade kitchen counselor. we can help avoid this with cascade complete pacs. over time, the other premium pac can leave cloudy, hard water deposits, but cascade complete pacs help leave glasses sparkling. shiny! too bad it doesn't work on windows. okay, i'm outta here. more dishwasher brands in north america recommend cascade. in north america is bigger than we think ... sometimelike the flu.fer from with aches, fever and chills- the flu's a really big deal. so why treat it like it's a l
the question is, this is -- i think a lot of it is on john boehner and mitch mcconnell. can they say to the base of the party, we need to make this deal. it is good for us politically. it is good for the country policy wise, and we need to move on, or do the grovers of the world win out? >> david, thank you very much. chris cillizza. coming up, more fallout from the david petraeus situation. we'll talking to david ignatius. hey sis, it's so great to see you. you, too! oh, cloudy glasses....
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Nov 13, 2012
11/12
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let's face it, the two most important people in this right now are the president and speaker boehner. i mean they are the most important players as to whether we get a result. secondly, i've said from day one, i've been saying it for two years, the most important piece of this, andrea, really is medicare because as you look at glen hubbard, as you look at others talking about all these things, the two are intertwined. in other words, as we see true medicare reforms and you see a real solution to medicare, where people know that we've put this behind us and we've dealt with it, i think you see the dial change as it relates to revenue. so, you know, i've been discussing revenues now for at least two years. i do think republicans are open to revenues that are put in place and a pro growth way, but i think people want to see that we've actually dealt with the problem. we haven't generated more revenues without solving the fundamental problems we have and we have what we want to do is put ourselves on a path towards fiscal solvency. i think the key here really is, medicare and to the exten
let's face it, the two most important people in this right now are the president and speaker boehner. i mean they are the most important players as to whether we get a result. secondly, i've said from day one, i've been saying it for two years, the most important piece of this, andrea, really is medicare because as you look at glen hubbard, as you look at others talking about all these things, the two are intertwined. in other words, as we see true medicare reforms and you see a real solution...
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Nov 16, 2012
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. >> tomorrow is speaker boehner's birthday so for those of you who want to wish him a happy birthday, we will -- we're not going to embarrass him with a cake because we didn't know how many candles were needed. >> yeah, right. >> but we want to wish him a happy birthday. >> that's 63 candles and one for good luck. the president did give him a bottle of 1997 brunelo retailing for $125. "parks and recreations" gets her moment with the vice president. >> this isn't happening. this -- this isn't real. >> no. it's happening. i'm delighted to have you here. on behalf of the president and myself i want to -- be. >> oh, mr. vice president. i am deeply flattered but there's no way i could take over madam secretary's position. i want to say thank you. >> you're very welcome. you're very welcome. you're very welcome. >> you're very handsome. >> well done. >> good day. i'm andrea mitchell live in washington. there's a career there for somebody. for the third day on a serious note, israel and hamas are trading fire with fire ringing out in jerusalem for the first time. so far israel's campaign ha
. >> tomorrow is speaker boehner's birthday so for those of you who want to wish him a happy birthday, we will -- we're not going to embarrass him with a cake because we didn't know how many candles were needed. >> yeah, right. >> but we want to wish him a happy birthday. >> that's 63 candles and one for good luck. the president did give him a bottle of 1997 brunelo retailing for $125. "parks and recreations" gets her moment with the vice president. >>...
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Nov 19, 2012
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i read between the lines and you see speaker boehner clearly wants a deal and, perhaps, has more leverage now with the house republican caucus, but once you get down to the actual negotiations, there are some very tough issues here, a reason this has not been resolved in previous summits. >> that's right but i am optimistic there was a clear mandate, the mandate was for solving our problems. i'm encouraged at no labels.org, an organization that has about 600,000 people, is putting together a group of 40 members of congress evenly split between democrats and republicans who are agreeing to come together as a problem solver's caucus, that the leadership can go to and cut deals on these important problems like the fiscal cliff, education. we have members of congress that recognize that people want them to be problem solvers and work across the aisle. we'll be announcing these 40 members in short order and that represents the kind of mood we're seeing in the shift in congress. >> let me ask you both about mitt romney's post-election comments last wednesday, be in a telephone conference call w
i read between the lines and you see speaker boehner clearly wants a deal and, perhaps, has more leverage now with the house republican caucus, but once you get down to the actual negotiations, there are some very tough issues here, a reason this has not been resolved in previous summits. >> that's right but i am optimistic there was a clear mandate, the mandate was for solving our problems. i'm encouraged at no labels.org, an organization that has about 600,000 people, is putting...
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Nov 13, 2012
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boehner made it clear that while republicans don't want tax rates to rise, they are open to collecting additional revenue. on the other side, president obama reiterated that he wants the wealthiest americans pay more taxes but he did not demand that tax rates rise to collect the money. if we read between the lines it looks like a deal could be cut to limit itemized deductions for the wealthiest americans. that's schedule a and some o of the popular deductions include mortgage interest or charitable contributions, property taxes and state and local taxes, we could see a deal around the itemized deductions. >> i don't want to be the grim reaper, what if they don't get a deal done, we're in trouble. >> 80 to 90% of americans are going to see their taxes increase, maybe by 3500 dollars on average, 2 grand for middle income americans. if you're a low to middle wage earner. here's what you would lose, the valuable earned income tax credit and payroll tax would go up by a couple percent. if you're in the upper middle wage category, you're going to have a higher tax bract, an increase in cap l
boehner made it clear that while republicans don't want tax rates to rise, they are open to collecting additional revenue. on the other side, president obama reiterated that he wants the wealthiest americans pay more taxes but he did not demand that tax rates rise to collect the money. if we read between the lines it looks like a deal could be cut to limit itemized deductions for the wealthiest americans. that's schedule a and some o of the popular deductions include mortgage interest or...
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Nov 15, 2012
11/12
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. >> reporter: while john boehner agreed ballparks ises in, he said -- bipartisan cooperation is necessary, he said the president's plan is wrong >> we are not going to hurt our economy. >>> that cia sex scandal highlights the insecurities of e-mail. but there are more ways than ever to hide sensitive documents and erase your footsteps. len ramirez shows us how. >> this tape will self-destruct in 5 seconds. >> reporter: there has always been a need to protect sensitive information. whether it's a corporation dealing with trade secrets or a senator trying to hide an adulterous affair. our information more vulnerable than ever. >> the biggest concern is the security of the information in the cloud. >> reporter: the cloud based in san jose has been doubling in size the last two years by creating software that encrypts e-mail to make it unreadable to any outsider. >> if you're not going through our gateway, all you'd see is gibberish. >> reporter: it's designed as a business security system. >> consumer data. >> reporter: but there's an emerging market for consumer products. remember that self
. >> reporter: while john boehner agreed ballparks ises in, he said -- bipartisan cooperation is necessary, he said the president's plan is wrong >> we are not going to hurt our economy. >>> that cia sex scandal highlights the insecurities of e-mail. but there are more ways than ever to hide sensitive documents and erase your footsteps. len ramirez shows us how. >> this tape will self-destruct in 5 seconds. >> reporter: there has always been a need to protect...
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Nov 12, 2012
11/12
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. >> glor: house speaker john boehner held a conference call with his members telling them compromise was needed. obama senior advisor david axelrod called boehner's comments to members encouraging. >> i think there are a lot of ways to skin this cat so long as everybody comes with a positive, constructive attitude toward the task. >> glor: if the automatic spending cuts happen, exactly 50% of the board without fall on the pentagon. national security correspondent david martin lays out what that would mean. e> reporter: the dreaded sequestration would double the $500 billion in cuts the pentagon is already planning to make over the next decade. defense secretary panetta has not minced words about what that would mean. >> if a sequestration is allowed to go into effect it will be a disaster for national defense. >> reporter: according to panetta the new american strategy of pivoting away from the wars in iraq and afghanistan toward the pacific and an emerging chinese superpower would come undone. >> all of that can go to hell if this congress doesn't face up and deal with the issue of
. >> glor: house speaker john boehner held a conference call with his members telling them compromise was needed. obama senior advisor david axelrod called boehner's comments to members encouraging. >> i think there are a lot of ways to skin this cat so long as everybody comes with a positive, constructive attitude toward the task. >> glor: if the automatic spending cuts happen, exactly 50% of the board without fall on the pentagon. national security correspondent david martin...
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Nov 12, 2012
11/12
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. >> while members are not supportive of the tax plan, john boehner are urging them to make compromise, something president obama senior adviser david axelrod called encouraging. >> there's money to be gained by closing some of these loopholes and applying them to deficit reductions. >> one half of those automatic spending cuts would affect the defense department's budget. david martin shows us what that means for the military. >> reporter: the dreaded sequestration would double the $500 billion in cuts the pentagon is already planning to make over the next decade. defense secretary panetta has not minced words. >> if sequestration goes into effect it's a disaster for national defense. >> reporter: the strategy of pivoting away from the wars in iraq and afghanistan towards the pacific and an emerging chinese superpower would come undone. >> all of that can go to hell if this congress doesn't face up and deal with the issue of sequestration. >> reporter: in this letter to senators panetta warned by the time sequestration was over the u.s. would have the smallest ground force since 1940,
. >> while members are not supportive of the tax plan, john boehner are urging them to make compromise, something president obama senior adviser david axelrod called encouraging. >> there's money to be gained by closing some of these loopholes and applying them to deficit reductions. >> one half of those automatic spending cuts would affect the defense department's budget. david martin shows us what that means for the military. >> reporter: the dreaded sequestration...
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Nov 12, 2012
11/12
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but speaker john boehner told house republicans that after last week's election the mandate from the american people is to work together even if it means additional revenues through tax reform. meanwhile bill kristol, editor of "the weekly standard," seemed to cave in on the president's demand that wealthy people pay more. >> you know what? it won't kill the country if we raise taxes a little bit on millionaires. it really won't, i don't think. really? t >> reporter: the president begins making his case this week. what's different this time is that administration officials are already suggesting to congress that mr. obama is willing to let the deadline pass, let tax rates go up, and spending be cut if he can't get the deal he wants. norah, charlie? >> wow. bill plante in washington, thank you. >>> later this morning we'll ask conservative activist grover norquist if republicans are backing away from his no tax increase pledge. >>> two weeks ago today superstorm sandy battered the northeast. more than 100,000 homes and businesses still have no power. most of them are on new york's lon
but speaker john boehner told house republicans that after last week's election the mandate from the american people is to work together even if it means additional revenues through tax reform. meanwhile bill kristol, editor of "the weekly standard," seemed to cave in on the president's demand that wealthy people pay more. >> you know what? it won't kill the country if we raise taxes a little bit on millionaires. it really won't, i don't think. really? t >> reporter: the...
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Nov 13, 2012
11/12
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. >> on the house side that's clear that boehner is send inging a message to fellow republicans on the house, we've got to make extra steps that we didn't before? >> i think that's true and i think the president has responded by saying i'm not wedded to the idea of tax rate increases. i'll settle for more revenue, if that's the -- if that's what i can get. >> yuf got senyou've got senators reid and mcconnell. >> it was like arranging the peace talk ss. it wasn't easy. >> were they as uncomfortable as they look sitting next to each other? >> yes. >> yeah? >> yes. >> what did you learn from that? >> what can you say? they don't strike me as two guys that are going to sit down in a room over a whiskey and kind of work things out. they're very locked in their way s and they are both political tacticians. that's what they do. >> they are brilliant political tacticians. they are both good at what they do in outmaneuvering one another. they're so politically far apart. why should we expect a compromise bill to happen? >> i think the future of the party of republican party very much depends on
. >> on the house side that's clear that boehner is send inging a message to fellow republicans on the house, we've got to make extra steps that we didn't before? >> i think that's true and i think the president has responded by saying i'm not wedded to the idea of tax rate increases. i'll settle for more revenue, if that's the -- if that's what i can get. >> yuf got senyou've got senators reid and mcconnell. >> it was like arranging the peace talk ss. it wasn't easy....
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Nov 13, 2012
11/12
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. >> and on the house side, it's clear that boehner is sending a message to fellow republicans in the house who have got to make extra steps that we didn't before. >> i think that's true. and i think the president has responded by saying that i'm not whetted to the idea of tax rate increases. i'll settle for more revenue if that's what i can get. >> you got senators reid and mcconnell to actually sit together. >> it was like arranging the paris pease talks or the camp david talks. it wasn't easy. >> were they as uncomfortable as they looked sitting next to each other? >> yes. >> and what did you learn from that? >> well, i think that -- what can you say? they don't strike me as two guys that are -- can sit down in a room over a whiskey and kind of work things out. they're very locked in their ways and they are both political tacticians. that's what they do. >> they are brilliant political tacticians. anybody who knows senator mcconnell and reid knows that. they're both very good at what they do, and outmaneuvering one another, which raises the question, with no personal relationship a
. >> and on the house side, it's clear that boehner is sending a message to fellow republicans in the house who have got to make extra steps that we didn't before. >> i think that's true. and i think the president has responded by saying that i'm not whetted to the idea of tax rate increases. i'll settle for more revenue if that's what i can get. >> you got senators reid and mcconnell to actually sit together. >> it was like arranging the paris pease talks or the camp...
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Nov 17, 2012
11/12
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one of the issues with the fiscal cliff is what kind of legacy would john boehner or the president leave behind when they leave office if they can't get a deal done and what about a second term compromising and going your own route. >> terrific point. the big things that have happened in our country's history, the big pieces of legislation have either come when we've had enormous majorities of one party or the other, the great society, president johnson and a huge land side, lying majorities in congress, or with a compromise. what we've not had historically is closely fought vague important things happen. big reform. and in this case the president has the senate but he also has a republican house. and so i think and i'll look at this from thomas jefferson, you look at it with ronald reagan it goes all the way through, presidents who manage to give as well as to take particularly in a second term do the best. >> john your said in your article that the president should be careful about the conventional wisdom for second terms for presidents. what did you mean? >> i don't think he should cl
one of the issues with the fiscal cliff is what kind of legacy would john boehner or the president leave behind when they leave office if they can't get a deal done and what about a second term compromising and going your own route. >> terrific point. the big things that have happened in our country's history, the big pieces of legislation have either come when we've had enormous majorities of one party or the other, the great society, president johnson and a huge land side, lying...
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Nov 12, 2012
11/12
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tone that we've seen since the election, whether it's from the president or the house speaker john boehner, but i can tell you in talking to sources privately on both sides of the aisle, they admit that it's all about positioning and posturing to make sure at the end of the day if we do go off the fiscal cliff that they're not blamed for it. they're the ones who looked reasonable, not unreasonable, and they're preparing for the other side to blame them for the opposite, if that makes sense. that's a lot of what you are saying in public. the reality is that neither side has a really clear machine date or clear vote and no one wants to look at the end of the day like they never gave compromise a chance. listen to republican bob corker, though, because there does seem to be a little bit of a crack on the republican side on whether or not it's okay to raise some taxes. >> i think there is a deal. the ying and yang is we know there has to be revenues, and i think -- look, i haven't met a wealthy republican or democrat in tennessee that's not willing to contribute more as long as they know we so
tone that we've seen since the election, whether it's from the president or the house speaker john boehner, but i can tell you in talking to sources privately on both sides of the aisle, they admit that it's all about positioning and posturing to make sure at the end of the day if we do go off the fiscal cliff that they're not blamed for it. they're the ones who looked reasonable, not unreasonable, and they're preparing for the other side to blame them for the opposite, if that makes sense....
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Nov 13, 2012
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find this to be a juicy story as opposed to writing about white house budget negotiations with john boehner, particularly in the last 12 hours as we have learned about an fbi agent who was investigating the case initially who sent a shirtless photo of himself to one of the women involved and now these 30,000 e-mails, suspect e-mails between the general who had been commanding the war effort in afghanistan, general allen, and jill kelley, one of the women involved in this, which make me ask the question, when does he have time to run the war? >> right, right. i want to ask you, too, watching pictures of the white house in the briefing room and jay carney's going to step up to the podium, get a lot of questions, you can bet a lot on the scandal and the implications and this certainly has to be quite a distraction, to say the very least, the white house. how do they get on top of this? how do they get ahead of the story in some way? clearly they're not going to want the president to deal with these questions tomorrow at the press conference. >> well, it's inevitable, you can put money on it pr
find this to be a juicy story as opposed to writing about white house budget negotiations with john boehner, particularly in the last 12 hours as we have learned about an fbi agent who was investigating the case initially who sent a shirtless photo of himself to one of the women involved and now these 30,000 e-mails, suspect e-mails between the general who had been commanding the war effort in afghanistan, general allen, and jill kelley, one of the women involved in this, which make me ask the...
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Nov 14, 2012
11/12
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. >> republicans under speaker boehner are saying, look, that's not going to happen. where is the wiggle room? how would you advise the president, the republicans to come up with something that's workable? >> well, you know, some sg is going to happen anyway, suzanne. if they don't reach agreement before the end of the year. those tax rates are going to go up, and the question is how long can the republicans in congress hold out once that happens, and they're going to be held responsible. there was a poll out yesterday that showed people will blame the congressional republicans for going off the fiscal cliff. people decide they had agreed with the president. the president has leverage. after the first of the year he is going to have more help in the senate, more help in the house, and he will have automatically higher tax rates, so the question will be will the republicans in the house and senate vote to lower the rates for the middle class because they will have gone up. one way or the other it will be resolved. that $3,500 tax on families, it's not going to happen.
. >> republicans under speaker boehner are saying, look, that's not going to happen. where is the wiggle room? how would you advise the president, the republicans to come up with something that's workable? >> well, you know, some sg is going to happen anyway, suzanne. if they don't reach agreement before the end of the year. those tax rates are going to go up, and the question is how long can the republicans in congress hold out once that happens, and they're going to be held...